$4,633 Closing Credit*
$390,175
1,101 SqFt
3 Beds
•1 Full Bath, 1 Partial
#73313325, Lisa Sears, Listing Office: Better Homes and Gardens Real Estate - The Masiello Group
Is Haverhill, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Haverhill has remained a Seller's Market.
Key Takeaway
Haverhill is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Haverhill, MA
How much do homes in Haverhill, MA cost?
Median Sold Price
$517,666
$301/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$47,000(+10.0%)
Key Takeaway
Homes in Haverhill have sold for 10% more than they did a year ago.
Summary: The median home sold price in Haverhill was $517,666 in October 2024, up 10% from last year, and the median price per square foot was $301.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $230.7K | $262.5K | +13.8% |
| 2 Bedrooms | $370K | $397.5K | +7.4% |
| 3 Bedrooms | $494.9K | $520.5K | +5.2% |
| 4 Bedrooms | $562.5K | $610K | +8.4% |
| 5+ Bedrooms | $650K | $697.5K | +7.3% |
Summary: Haverhill housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 13.8%, 2 bedroom homes increased by 7.4%, 3 bedroom homes increased by 5.2%, 4 bedroom homes increased by 8.4%, and 5+ bedroom homes increased by 7.3%.
Median Sold Price Compared To Nearby Cities
| West Newbury | $780K | $869K | +11.4% |
| Haverhill | $470.6K | $517.6K | +10.0% |
| Groveland | $579K | $615K | +6.2% |
| Merrimac | $610K | $622.5K | +2.0% |
Housing Supply in Haverhill, MA
How many homes are available in Haverhill, MA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 176 | 192 | +9.1% |
Summary: The Haverhill real estate market had 192 homes for sale in October 2024, a 9.1% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 4 | -20.0% |
| 2 Bedrooms | 41 | 54 | +31.7% |
| 3 Bedrooms | 71 | 72 | +1.4% |
| 4 Bedrooms | 26 | 31 | +19.2% |
| 5+ Bedrooms | 33 | 31 | -6.1% |
Summary: The Haverhill housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 20%, 2 bedroom homes increased by 31.7%, 3 bedroom homes increased by 1.4%, 4 bedroom homes increased by 19.2%, and 5+ bedroom homes decreased by 6.1%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 44 | 62 | +40.9% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
40 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Haverhill, you could pay more than the asking price. 64.5% of homes here sold above asking price last month.
Summary: A total of 62 homes were sold or pending in Haverhill in October 2024, up by 40.9% month-over-month. Of the 62 sold homes, 26% were sold under asking, 10% were sold at asking, and 65% were sold over asking.
Days on Market for Haverhill, MA
How long does it take to sell a home in Haverhill, MA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 19 Days | 24 Days | +23.2% |
Summary: Homes in Haverhill had an average of 24 days on market in Oct 2024, up by 23.2% compared to last year.
Breakdown of Home Sale Times
46 Homes Were Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Haverhill are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 62 homes were sold in Haverhill; 74% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.
